Abbreviated Company Accounts - HYDE PARK ADVISORS LIMITED

Abbreviated Company Accounts - HYDE PARK ADVISORS LIMITED


Registered Number 07758480

HYDE PARK ADVISORS LIMITED

Abbreviated Accounts

31 December 2015

HYDE PARK ADVISORS LIMITED Registered Number 07758480

Abbreviated Balance Sheet as at 31 December 2015

Notes 2015 2014
£ £
Fixed assets
Investments 2 20,000 20,000
20,000 20,000
Current assets
Debtors 101,673 56,770
Cash at bank and in hand 759 765
102,432 57,535
Net current assets (liabilities) 102,432 57,535
Total assets less current liabilities 122,432 77,535
Total net assets (liabilities) 122,432 77,535
Capital and reserves
Called up share capital 3 41,001 41,001
Profit and loss account 81,431 36,534
Shareholders' funds 122,432 77,535
  • For the year ending 31 December 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 6 May 2016

And signed on their behalf by:
Mr G De Oliveira Lima, Director

HYDE PARK ADVISORS LIMITED Registered Number 07758480

Notes to the Abbreviated Accounts for the period ended 31 December 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective January 2015.

Turnover policy
Turnover comprises investment income from the investment in Estater Advisory LLP.

Other accounting policies
Foreign currencies
Transactions in foreign currencies are recorded at the exchange rate ruling at the date that the transaction occurred. Monetary assets and liabilities denominated in foreign currency are translated into sterling at the rates of exchange ruling at 31 December. Exchange differences are taken to the profit and loss account.

Cash flow exemption
The financial statements do not include a cash flow statement because the company, as a small reporting entity, is exempt from the requirement to prepare such a statement under the Financial Reporting Standard for Smaller Entities.

2Fixed assets Investments
The Company is a minority member of Estater Advisory LLP with 33.33% control. Estater Advisory LLP is registered within the United Kingdom.

3Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
41,001 Ordinary shares of £1 each 41,001 41,001